Longest Run Expectation - Quant Trader Interview Question
Difficulty: Hard
Category: Probability & Statistics
Practice quant interview questions from top firms including Jane Street, Citadel, Two Sigma, DE Shaw, and other leading quantitative finance companies.
Topics: probability, expected-value, markov-chain, coin-flips
Problem Description
You flip a fair coin 100 times. What is the expected length of the longest consecutive run of heads?
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